Ghana does not have a president; taxi driver fumes over Akufo-Addo’s performance (Video)

Ghana does not have a president; taxi driver fumes over Akufo-Addo’s performance (Video)

- A taxi driver has stated that Ghana is without a president taking into consideration the state of the country's economy

- According to him, it is impossible for excavators to vanish into thin air if there was indeed a leader in the nation

- Social media users have meanwhile reacted in various ways to the video of the man

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A taxi driver has argued that Ghana has no president at the moment, given the state of the country.

In an interview with YEN.com.gh, the driver, whose identity is yet to be established, stated that it is wrong to say there is a president given the suffering Ghanaians are enduring.

His comment came on the heels of a question about how he would rate the current Akufo-Addo-led government.

READ ALSO: World Bank announces plans to fund 6 Nigerian developmental projects in 2020

The man went on to say that he is a Ghanaian as he was born in this country, but he is doubtful there is a leader.

He then wondered how excavators can go missing as if they are needles if there was indeed someone in charge.

If the taxi business was good, he noted, most of his colleagues would not have lined up their vehicles as they have done.

Ghanaians have meanwhile reacted to the man’s responses:

Aguero wondered what response was expected from an NDC man.

Adenta listed a number of reasons for which Ghanaians ought to be grateful to the president.

Jacobs doubted the taxi driver is a Ghanaian.

Reubeney totally agreed with the taxi driver.

Nyarko wondered why Africans think politicians should solve the country's problems.

Rio is convinced the taxi driver is from Western Togoland.

In other news, the International Monetary Fund (IMF) and the World Bank have raised concerns about Ghana’s current debt levels.

According to the IMF resident representative to Ghana, Dr. Albert Touna-Mama, the country is in a very dangerous situation due to its public debt which currently stands at GHC215 billion.

Dr. Touna-Mama, per a story by citibusinessnews.com, explained that Ghana’s current debt ratio in relation to revenue is about 30%, which is almost double that of its peers, the average of which is about 18%.

The minister of finance, Ken Ofori-Atta, revealed that Ghana is expected to use GHC21.7 billion, which is about 5.4% of its Gross Domestic Product (GDP) to service the interest on its debt.

Out of this amount, domestic interest payments are expected to be about 76.3% which is GHc16.6 billion.

The World Bank, in February 2020, warned Ghana against increased external debt and exceeding the sustainability threshold.

It went on to state that Ghana has currently been ranked as a moderate to high-risk debt distressed country and for that reason, it needs to operate carefully.

The World Bank’s country director, Pierre Frank Laporte, noted that it is important Ghana does not cross the recommended thresholds of debt sustainability.

READ ALSO: Fitch reports economies of Ghana and 7 other African countries are at risk

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Source: Yen.com.gh

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